Trevino & Nelson Ethical Decision Making (T&N Edm) Model

665 words - 3 pages

Trevino & Nelson Ethical Decision Making (T&N EDM) Model
Instruction:

Details:

1. Gather the Facts.

Safety doesn't sale - Trunk space is what sales
Standard guidelines for the automotive community were in place
3 teenage girls died
Pinto fuel tank had a known issue
Product on the market 2 years
Cost of replacement gas tank $11
Cost of human life $2000
Received reports that Pinto was exploding (multiple cases)

2. Define the Ethical Issues (I) in moral terms (e.g., Is X action morally right, given Y?).

Is it morally right to continue selling the defective car that has a chance to cause harm to a human life without recalling given that you know the solution & cost associated?

3. Identify the affected Parties.

Recall Coordinator - Decision Maker
Iacocca
Ford Motor Co.
Employees of the company
Consumers
Victims
Victims Family
Media
Lawyers
Regulators - NTHSA
Competitors (specifically, Japanese and German)

4. Identify the Consequences. State: (a) the consequentialist principle (CP) used to assess the actions of the decision maker (e.g., egoism, utilitarianism); (b) the standard implicit in this principle (e.g., action in my long-term self-interest); (c) the key potential consequences for each of the affected parties; (d) the extent to which each consequence undermines (U) or supports (S) the issue based on the CP selected.

Utilitarianism - "greatest balance b/w good & bad"
Iacocca & Ford Co.
Increase (short-term)/Decrease Rev. (long-term)
Increase PR issues
In

5. Identify the Obligations. State: (a) the deontological principle (DP) used to assess the actions of the decision maker (e.g., Kant's ethics, prima facie); (b) the standard implicit in this principle (e.g. categorical imperative - Could the action be willed into universal law?); (c) the key obligations of the decision maker for each of the affected parties; (d) the extent to which each obligation undermines (U) or supports (S) the issue based on the DT selected.

6. Consider the decision maker's Character and Integrity, (Virtue Ethics) assuming an aspiration to be an authentic leader. Standard Implicit: An action is morally right if it meets the highest ethical standards of the relevant moral community. State: (a) the...

Find Another Essay On Trevino & Nelson Ethical Decision Making (T&N EDM) Model

Decision-Making Model Analysis

880 words - 4 pages Decision-Making Model Analysis When one is thinking, he or she must think critically. Thinking critically means to think intelligently and thoroughly about the decision to be made. One must gather his or her thoughts with clarity, precision, accuracy, relevance, consistency, completeness, and/or fairness. With those particulars in mind during the thought process; an accurate answer and/or the most excellent decision will undoubtedly be made

Decision Making Model Analysis

935 words - 4 pages Individuals must make decisions everyday. What should I wear? Where should I eat dinner tonight? Is this the right car for me? Do I want to spend the rest of my life with this person? The decisions we make can be simple ones, or in some cases can affect the rest of our lives. Not only do individuals make decisions, but also businesses must make critical decisions that could affect their future. This paper will analyze a decision making model and

Rational Decision Making Model

1602 words - 6 pages Rational Decision Making Model Abstract What is a decision? The word decision can be defined as, “the act of reaching a conclusion or making up one's mind” (American Heritage, 2000). Essentially, a decision is a choice that an individual or a group of people makes. A decision can be a single action, an entire process, or even just a single spoken word or gesture. Decision-making is one of the defining characteristics of leadership. Making

Decision-Making Model Analysis

820 words - 3 pages we will mainly focus on the rational and process model, and show how these models are applied at my organization.The Rational ModelThis model is based on economic aspects of decision making. It is laid on the bases of rationality, optimality, and uniformity and it assumes that decisions are a result of a conscious thinking process. This model assumes that full evidence or information in respect to the decision is offered, and that decision has

Decision Making Model Analysis

1079 words - 4 pages ). The previous few sentences give the definition of decision making according to the Wikepedia website. In making decisions, most people use models whether they realize it or not. The purpose of this paper is to analyze the rational decision-making model and give an example of how this model can be used.According to Ryan K. Lahti, we use four basic decision-making models in today's business world (1996 pg 1). These four models are the rational

Decision Making Model

1054 words - 4 pages decision turns out to be a good one or a bad one depends largely on how through and accurate the decision-maker was in considering the alternatives and assessing the risks.Taking many factors into account, I decided that the Group Decision-Making model was the best choice for me, when it came to job-related decision-making. I feel that by using the group decision-making model, I was able to maximize my opportunity for a successful outcome. Group

Decision Making Process Model

1776 words - 7 pages select the most appropriate action to solve the problem satisfying all stakeholders. Many methods have been developed to simplify the decision making process. In this paper, the rational model of decision making will be discussed first. Then, some of the factors that cause deviation in the rational model will be clarified. Rational Model of Decision Making Process The reason of discussing this model of decision making process first is because

Vigilant Decision making model

1439 words - 6 pages Decision Making Model AnalysisThe definition of decision making according to Wikipedia is "the cognitive process of selecting a course of action from among multiple alternatives" (2006, ¶ 1). Every decision made creates a final choice. Decision making begins when one needs to accomplish something but is unsure how. Decision making can be a rational or irrational reasoning process (Wikipedia, 2006).Many decision-making models have been

Decision Making Model

957 words - 4 pages Michael Josephson is an individual who has had much success in life. Educated in law and education he has made many contributions to society. Currently he is the founder and president of the Josephson institute Michael has developed a seven step decision making model. The model helps and provides guidelines to better decision making.In many cases decision making may be very difficult or an individual especially when the decision may effect other

Decision Making Model Paper

1280 words - 5 pages Decision Making Model Analysis PaperIt is evidently assumed that corporate decisions are made according to the concept of rationality. The concept of rationality is defined as seeking out the objectives of a management decision and then selecting the alternative action that will produce efficient results. This approach involves optimizing the available resources and generating the optimal result. This is why the rational decision-making model is

Decision Making Model

789 words - 3 pages , consistency, logical correctness, and fairness (Bassham, et al, 2002). Using these standards of critical thinking is beneficial because it helps people make the best decision possible. The use of the standards the decision maker understand the decision to be made, gather information needed for making the decision, and be able to communicate the decision clearly to an audience.Rational decision making is a decision making model based on a four step

Similar Essays

Ethical Decision Making Model Analysis

1422 words - 6 pages Ethical Decision Making Model analysisWhat is the ethical decision making model? What is critical thinking? In this paper I will discuss the ethical decision making model and how critical thinking impacts ethical decisions. Personal experiences will be used as examples.When we are faced with making an ethical decision we are usually faced with an ethical dilemma. To make a good decision we need to use "Logical thinking that draws conclusions

Decision Making Model Analysis

1054 words - 4 pages IntroductionCritical thinking is more efficient when you apply a decision making model. They all seem to involve a different number of steps. The model you choose needs to be one that will work the best for you without being too technical or too short sighted. Sometimes combining models may be what is best for you and your situation.Eight Step Ethical Decision-Making ModelThe following Eight Step Ethical Decision-Making Model comes from the work

Decision Making Model Analysis 600 Words

600 words - 2 pages problem or making a certain type of decision.It is very important that a decision making model be used, as it helps the individuals involved get a better idea of the problem, possible solutions as well as the possible outcomes for going with a certain solution. In the Decision-Making Model for Business article, he author states:"It seems that business people tend to do one of two things when it comes to decision making. They either make most of

Decision Making Model Analysis

754 words - 3 pages organization. (http://www.quality.nist.gov/)This is the key to a good decision-making model. Organizations need good leadership such that those leaders are ethical and serve as role models to their employees at all levels. In my experience, decisions that are based upon these sound values are those that have merit and will get the job done.In summary, the Baldrige model is one of many decision-making models that are in use today by organizations. The